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Downtrend Broken Resist.Archive - 4/10/2026 - Sign In to see current Signals. |
Hewlett Packard Enterprise (HPE) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a fifth consecutive positive week for the Hewlett Packard Enterprise (HPE). During the week, the HPE gained 0.28 points, or 1.14%, and closed at 24.89 on Friday, April 10, 2026. Weekly volume was -41% below average.
Long-term trend: [See HPE long-term trend chart] A long-term uptrend had started on March 18, 2020 at 7.43 and reached 26.44 on October 8, 2025. HPE gained -19.01 points, or -255.85%, in 290 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 11.60 and resistance is at 27.26. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See HPE medium-term trend chart] A medium-term downtrend had started on October 8, 2025 at 26.44 and reached 19.84 on February 24, 2026. HPE lost 6.60 points, or 24.96%, in 19 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (19.80) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See HPE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since March 27, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See HPE short-term trend chart] A short-term uptrend had started on February 24, 2026 at 19.84 and reached 26.43 on March 25, 2026. HPE gained -6.59 points, or -33.22%, in 29 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (23.14) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See HPE daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 2, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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